Mark Beaumont MD Discusses Business Analytics in Healthcare
He said that technology and more easily accessible data are changing many aspects of our lives, including the healthcare industry. From providing information that leads to improved patient care to making the efficacy of medical research projects better, Mark Beaumont MD says that business analytics is playing a large role in advancements that are occurring in the healthcare industry.
According to Mark Beaumont MD, the use of business analytics can empower health care systems to make better strategic decisions, improved patient care, detect diseases sooner, and even provide better outcomes for patients in the long run.
Enhanced Research
Business analytics is not only a natural fit for the health care industry but a strong fit when it comes to the fields of research and development. Mark Beaumont MD agrees that scientists, as well as doctors and pharmacists, can conduct research and create theories to improve patient health with insights from big data that can lead to major scientific breakthroughs and more advanced treatment for patients. Beaumont says that data analytics can also save both doctors and patients time and money by helping researchers study which medications work best for different diseases as well as demographics.
Business Analytics in the Development of Medications
Mark Beaumont MD touts data analysis as helping to improve operations as well as the decision-making process in the pharmaceutical field. It allows scientists to develop new medications while lowering their costs because they can reduce the amount of time they spend developing and researching each one.
The Improvement of Wellness
Business analytics play a big part in equipping individuals as well as healthcare providers to be able to better track health and wellness and improve it at the same time. For example, mobile apps and smartwatches empower the users to play a larger role in their healthcare by monitoring key factors, such as their water intake, their sleep patterns, the amount of exercise they get each day, and the number of steps they walk each day. Mark Beaumont MD explains that this can ultimately reduce the cost of health care in the United States by assisting people and becoming healthier.
Mark Beaumont MD says as a physician and a business analyzer he knows and understands the importance of business analytics and the improvements it is making in people's lives as well as the healthcare system overall. He enjoys working in the business analytics field as it pertains to healthcare and values the many improvements it is providing in the health and wellbeing of people throughout the country and beyond.
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